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VisitLegislative Response to Tax Proposals by 2024
Approved Without Changes • 33%
Approved With Changes • 33%
Rejected • 33%
US Congress records, official announcements
President Trump Pledges Permanent Tax Cuts and Elimination of Tip Taxes in Second Term
Jun 14, 2024, 11:38 PM
President Trump has pledged to make tax cuts permanent and further reduce rates if re-elected for a second term. He also announced plans to eliminate taxes on tips for restaurant workers, hospitality workers, and anyone else who receives tips, stating 'no more taxes on tips.'
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Passes in both House and Senate • 33%
Passes in House but not Senate • 33%
Fails in both House and Senate • 33%
Support • 33%
Oppose • 33%
Neutral/No Comment • 34%
Increased corporate taxes • 25%
Reduced capital gains taxes • 25%
New fiscal stimulus • 25%
No significant changes • 25%
Legislation limiting FTC powers • 25%
Public hearings held • 25%
No significant action • 25%
Resolution supporting FTC • 25%
Permanent Tax Cuts • 33%
Other Tax Policy Change • 33%
Elimination of Tip Taxes • 33%